EFIS 2010 Keynote: Citi's Vensel - European Consolidated Quote Tape ‘Unnecessary and Complicated'

The European Commission should mandate the creation of a consolidated tape of post-trade European equity data to address unintended consequences of its MiFID regulation, but should allow market forces to continue to govern the supply of real-time, pre-trade data, said Citi managing director of EMEA electronic trading Jack Vensel, who delivered the keynote speech at Inside Market Data's European Financial Information Summit.

Though MiFID has prompted more competition between trade execution

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